Job Description
Role Accountability 1.Develop and drive implementation for an equitable and competitive Benefits structure, which is supportive of business objectives
- Collaborate closely with the HR business partners, Functional Heads, Staffing COE to facilitate attraction, motivation and retention of talent through a competitive benefits & R&R framework and administration of the same
- Lead annual Benefits benchmarking processes
- Liaison with HR consultants to gather market information around benefits and employee engagement practices
- Ensure effective governance, service providers reviews, audit support from time to time
- Lead the formulation of Wellness strategies aligned to SBIC business needs and develop and manage related policy and procedures and Systems
- Manage administration of benefit programs including insurance, employee health and wellness, car benefits, house lease etc. and market analysis with a focus on continuous improvement.
- Support in managing the NRC and Board agenda
- Assist in designing of effective HR Policies through market benchmarking,stakeholder inputs,etc.
- Manage timely onboarding, renewal and billing of all benefits and employee wellness vendors
- Manage all areas related to HR Analytics and preparation of reports such as benefits trending & forecast, R&R penetration, HR Cost utilization and provisioning around data and ensure they are shared with relevant practice/business leaders
Measures of Success(Define the Outcomes expected of the role) 1.Timely & accurate implementation of Benefits programs
- Timely & accurate implementation of Wellness programs
- Timely & accurate implementation of R&R programs
- Employee Participation % in programs
- Initiatives undertaken to enhance the quality of benefits, engagement & R&R programs
- Timely and accurate MIS/business reporting
- Process adherence as per SOP
Technical Skills / Experience / Certification (If any) 1.Strong working knowledge of HR policies, processes & industry practices
- Ability to objectively analyze current practices, identify improvement opportunities, create buy in and drive implementation
- Advanced knowledge of the legal and regulatory environment related to employee benefits including emerging legislation
Competencies critical for role with High Proficiency Problem Solving Skills
Customer Orientation
Influencing Skills
Stakeholder Management
Market Awareness
Key External Stakeholder(s) HR Consultants, Vendors
Key Internal Stakeholder(s) All functions
Must have Qualification MBA in Human Resources
Over All experience in role 11-14 years of post qualification experience
Relevant Experience with respect to the role 7-9 years of experience in C&B Management
